Low fees made the group a passive investing powerhouse. But it needs to improve tech and service as it pushes into wealth ...
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Vanguard Slashes Average Fee to Just 0.07%Vanguard Group Inc. slashed its average asset-weighted expense ratio to just 0.07% across its $10 trillion under management a sliver of the industry average of 0.44%. CEO Salim Ramji talks about the ...
Salim Ramji is betting the path to Vanguard Group customers’ hearts is still through their wallets. In the first major initiative in Ramji’s six-month run as chief executive, Vanguard on ...
In other local banking and finance news, Chase files to open more branches in the Philadelphia region and Wells Fargo plans ...
CEO Salim Ramji’s decision to implement the biggest fee cuts in Malvern-based Vanguard Group’s history is a win for both investors and the newly minted executive, writes Jeff Blumenthal for the ...
Most funds advertise their fees as something called an expense ratio. It shows what percentage of a fund's total dollars go ...
Vanguard’s new fee cuts are a win for retail investors — helping to boost long-term returns. Here's what a low expense ratio ...
"Lower costs enable investors to keep more of their returns, and those savings compound over time,” said Salim Ramji, Vanguard’s chief executive officer. Most funds advertise their fees as ...
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